Copper Conduit, Inc., and Dependable Electric Company sign an agreement that provides for the payment of "$1,000 by whichever party commits a material breach of the contract that creates damages difficult to esti¬mate but approximately $1,000." This is
a. a liquidated damages clause.
b. a mitigation-of-damages clause.
c. a waiver-of-breach clause.
d. a penalty clause.
a. a liquidated damages clause.
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